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Tech Meme

TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss in two years; TSMC stock dropped 27% in 2022 but is up 8% in 2023 (Debby Wu/Bloomberg) 10-01-2023

Debby Wu / Bloomberg: TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss in two years; TSMC stock dropped 27% in 2022 but is up 8% in 2023  —  Taiwan Semiconductor Manufacturing Co.’s fourth-quarter sales missed analysts’ estimates, signaling the global decline … Lees verder op Tech Meme

New Jersey and Ohio ban TikTok on government-owned and managed devices; New Jersey's governor plans to ban products from 12+ vendors including Huawei and ZTE (David Shepardson/Reuters) 10-01-2023

David Shepardson / Reuters: New Jersey and Ohio ban TikTok on government-owned and managed devices; New Jersey’s governor plans to ban products from 12+ vendors including Huawei and ZTE  —  New Jersey and Ohio said on Monday they were joining other states in banning use of the popular video app TikTok on government-owned and managed devices. Lees verder op Tech Meme

Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation, taking 75% of OpenAI's profits until the investment is recouped and then owning 49% (Semafor) 10-01-2023

Semafor: Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation, taking 75% of OpenAI’s profits until the investment is recouped and then owning 49%  —  Microsoft has been in talks to invest $10 billion into the owner of ChatGPT, the wildly popular app that has thrilled casual users … Lees verder op Tech Meme

Microsoft unveils VALL-E, a text-to-speech AI model trained on 60K hours of English speech that can simulate a person's voice from three seconds of sample audio (Benj Edwards/Ars Technica) 10-01-2023

Benj Edwards / Ars Technica: Microsoft unveils VALL-E, a text-to-speech AI model trained on 60K hours of English speech that can simulate a person’s voice from three seconds of sample audio  —  Text-to-speech model can preserve speaker’s emotional tone and acoustic environment.  —  On Thursday, Microsoft researchers announced … Lees verder op Tech Meme

Microsoft acquires Fungible, which makes data processing units for data centers and has raised over $300M; reports from December say the deal is worth ~$190M (Kyle Wiggers/TechCrunch) 10-01-2023

Kyle Wiggers / TechCrunch: Microsoft acquires Fungible, which makes data processing units for data centers and has raised over $300M; reports from December say the deal is worth ~$190M  —  In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known … Lees verder op Tech Meme

VALL-E: Microsoft's new zero-shot text-to-speech model can duplicate everyone's voice in three seconds (Damir Yalalov/Metaverse Post) 10-01-2023

Damir Yalalov / Metaverse Post: VALL-E: Microsoft’s new zero-shot text-to-speech model can duplicate everyone’s voice in three seconds  —  Since the release of the first text-to-speech (TTS) model, researchers have been looking for ways to improve the way these systems generate speech.  The latest model from Microsoft … Lees verder op Tech Meme

Sources: Douyin e-commerce spending in China grew 76% YoY to ~$208B in 2022; TikTok users in Southeast Asia more than quadrupled their spending to $4.4B in 2022 (Juro Osawa/The Information) 10-01-2023

Juro Osawa / The Information: Sources: Douyin e-commerce spending in China grew 76% YoY to ~$208B in 2022; TikTok users in Southeast Asia more than quadrupled their spending to $4.4B in 2022  —  TikTok’s Chinese parent company, ByteDance, is making inroads in e-commerce.  Consumers in China last year spent 1.41 trillion yuan … Lees verder op Tech Meme

Meta plans to stop releasing software updates and drop some social features for the original Quest, which debuted in 2019, but will fix critical bugs until 2024 (Mitchell Clark/The Verge) 10-01-2023

Mitchell Clark / The Verge: Meta plans to stop releasing software updates and drop some social features for the original Quest, which debuted in 2019, but will fix critical bugs until 2024  —  Meta is planning to stop supporting the original Quest VR headset with new software updates, and soon anyone using the older hardware … Lees verder op Tech Meme

Dallas-based Worlds, whose “digital twins” of industrial companies' floor operations help boost productivity, raised a $21.2M Series A1 led by Moneta Ventures (VentureBeat) 09-01-2023

VentureBeat: Dallas-based Worlds, whose “digital twins” of industrial companies’ floor operations help boost productivity, raised a $21.2M Series A1 led by Moneta Ventures  —  Worlds Enterprises, a company that builds digital twins of floor operations for industrial companies to let them become … Lees verder op Tech Meme

Meta rolls out a Variance Reduction System, its AI ad-targeting tech meant to comply with its DOJ settlement and reduce discrimination in housing ads, in the US (Jon Fingas/Engadget) 09-01-2023

Jon Fingas / Engadget: Meta rolls out a Variance Reduction System, its AI ad-targeting tech meant to comply with its DOJ settlement and reduce discrimination in housing ads, in the US  —  Meta is acting on its vow to reduce ad discrimination through technology.  The company is rolling out a Variance Reduction System … Lees verder op Tech Meme